In the 15m timeframe, you can see more clearly whether the price is:
Uptrend: Higher highs & higher lows (price continues to rise)
Downtrend: Lower highs & lower lows (price continues to fall)
Sideways: Moving flat between two bounds (range)
BUY Entry Strategy (If Uptrend):
Requirements:
Price rises and the candlestick breaks resistance or the previous level
MA5 > MA10 > MA30 (all MAs are trending up)
Entry: When the candle breaks the important resistance level, for example above 3265
TP: 3270 – 3280
SL: Below the last support, for example 3255
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SELL Entry Strategy (If Downtrend):
Requirements:
Price is declining and the candlestick breaks important support
MA5 < MA10 < MA30 (all MAs are trending down)
Entry: After the candle breaks support, for example below 3255
TP: 3250 – 3245
SL: Above the last resistance, for example 3265
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Additional Tips
Use RSI or MACD to confirm the strength of the trend
Avoid entering in the middle area (not support/resistance)
Pay attention to volume
and market sentiment when entering